Press release
EV Charging Cable Market Emerging Analysis, Future Growth and Business Opportunities 2031
Allied Market Research published a report, titled, "Electric Vehicle Charging Cable Market by Power Type (AC charging, DC charging), by Application (Private charging, Public charging), by Cable Length (2 meter to 5 meter, 6 meter to 10 meter, Above 10 meter), by Shape (Straight, Coiled), by Charging Level (Level 1, Level 2, Level 3): Global Opportunity Analysis and Industry Forecast, 2021-2031." According to the report, the global electric vehicle charging cable industry generated $0.67 billion in 2021, and is estimated to reach $3.45 billion by 2031, manifesting a CAGR of 18.1%· from 2022 to 2031.Download Report (PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/9279
Covid-19 Scenario
Manufacturing activities of components of electric vehicle charging cable were stopped completely or partially due to lockdown restrictions. Moreover, small tier II and tier III manufacturers faced liquidity issues.
In addition, the market was dependent on the global supply chains for core technology services. Disruptions in supply chain led to stoppage of manufacturing activities and hindered daily operations.
The slowdown in demand & production presented a strong ripple effect on the global EV manufacturers and impacted the EV supply chains worldwide.
Interested to Procure The Data? Inquire here at
https://www.alliedmarketresearch.com/purchase-enquiry/9279
Asia-Pacific to offer lucrative opportunities
Based on region, Asia-Pacific contributed the highest market share in terms of revenue in 2020, accounting for nearly two-fifths of the global electric vehicle charging cable market, and is expected to maintain its dominance in terms of revenue by 2031. Moreover, this region is projected to portray the fastest CAGR of 19.1% during the forecast period. This is due to increased production and sales of EVs and related components across the globe. The research also analyzes regions including North America, Europe, and LAMEA.
Leading Market Players
AG Electrical Technology Co
Aptiv Plc.
Besen International Group
Brugg Group
Chengdu Khons Technology Co., Ltd.
Coroplast Fritz Müller GmbH & Co. KG
Dyden Corporation
EV Cables UK
Guangdong OMG Transmitting Technology Co., Ltd.
Leoni AG
Manlon Polymers
Phoenix Contact
Prysmian S.p.A.
Sinbon Electronics
TE Connectivity Ltd.
Browse Complete Report at
https://www.alliedmarketresearch.com/ev-charging-cable-market-A08914
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About Allied Market Research
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of ""Market Research Reports"" and ""Business Intelligence Solutions."" AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.
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